The Damages to Mr. Schiff's Defamation

Schiff: "They've already had three defenses that were no good, right? So they have one more bite at this apple. They can come up with a fourth defense and the judge said, look, you got to come up with some evidence" The Puerto Rican regulators decided to shut down my bank after it was accused of mismanaging $1 billion in deposits from an off-shore lender. He says he's been sued for defamation by 60 minutes reporters who believed his story but didn't have enough evidence to prosecute him.